Why NBC shuffled its exec deck

By The MixDex Wire Article may include affiliate links

NBC has announced key executive changes triggered by a newly announced streaming venture.

• Under the new organizational structure, Bonnie Hammer will become chairman of a streaming service NBC will launch in 2020.
• Previously, Hammer was chair of NBCUniversal cable entertainment and studios, with responsibility for USA, SyFy, Bravo, E!, Oxygen and Universal Kids as well as production companies UCP and Wilshire Studios.
• As part of the move, Mark Lazarus will become chairman of NBCUniversal broadcast, cable, sports and news.
• This will move NBC News, MSNBC and CNBC under Lazarus’ responsibility.
• Meanwhile, Jeff Shell will be chairman, NBCUniversal film and entertainment.
• Shell will now oversee NBC Entertainment, international and Telemundo in addition to film properties.
• Donna Langley has also been promoted to lead up the Universal Filmed Entertainment Group, which includes the global theatrical distribution and home entertainment units.
• Steve Burke will continue to be CEO of NBCUniversal, the parent company of all of these brands.